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$1,950,000
1241 E Bay Shore Dr
Virginia Beach, Virginia 23451
MLS# 10635931 · BAY COLONY · Virginia Beach VA
Updated 7 hours ago · Source: REIN MLS
Est. payment
$10,796/mo
Edit below
Price / sq ft
$428
4,559 sq ft
Days on market
0
New listing
HOA
None
Year built
1983
43 yrs old
Beds
5
Full Baths
4
Half Baths
1
Sq Ft
4,559
Garage
Yes
About this home
Welcome to this timeless residence in the coveted Bay Colony community of Virginia Beach. Perfectly positioned on an elevated 1.12-acre lot overlooking Crystal Lake, this exceptional home offers picturesque water views, enduring character, and impressive curb appeal in one of the area's most sought-after neighborhoods. Inside, you'll find generous living spaces, glowing hardwood floors throughout the main living area…
Listed by Emil Nazaryan · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
1241 E Bay Shore DR, Virginia Beach
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Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
5
Full Baths
4
Half Baths
1
Approx Sq Ft
4,559
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$1,950,000
Price / Sq Ft
$428
Annual Taxes
$1,310
Monthly Tax
$109
HOA
None
Tax Rate (effective)
0.07%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 21, 2026 | $1,950,000 | — |
| Currently listed | — | $1,950,000 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed hourly.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$10,796/moPrincipal & interest
$10,118
Property tax
$109
Home insurance
$569
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10635931
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,950,000
1241 E Bay Shore DR, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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